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Saturday, December 23, 2023 6:09:33 PM
Aztec has been notified that the owner of West Camp Wind Farm will commence construction on a 400 MW wind farm located on approximately 45,000 acres of Aztec’s land.
Construction is expected to begin in early 2024; and the project is expected to be operational by
late 2025.
Aztec will receive a “per turbine” construction impact fee due shortly after the commencement of construction. Once the project is operational, it will receive the greater of a pre-established minimum rent or a royalty payment based on a percentage of project revenues.
https://www.otcmarkets.com/otcapi/company/dns/news/document/71661/content
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